Question
If there is an increase in currency,how will the price of the country's goods relative to other countries' goods change? What effect will this have
If there is an increase in currency,how will the price of the country's goods relative to other countries' goods change?
What effect will this have on its current account?
What effect will all this have on the country's capital account, and how will this work to keep the balance of payments equal to zero?
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
